v3.26.3
Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss)/Income - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Total revenues $ 276,510 $ 222,309
Operating cost and expenses    
Integrated service cost (141,312) (101,464)
Promotional service expenses (114,047) (94,072)
Selling expenses (5,569) (11,012)
General and administrative expenses (6,745) (15,188)
Research and development expenses (2,537) (1,766)
Total operating costs and expenses (270,210) (223,502)
Operating (loss)/income 6,300 (1,193)
Other expenses    
Financial expenses, net (2,168) (2,077)
Investment income 221 246
Gain on expiration of warrant liabilities 18
Other loss, net (51) (2,220)
Total other expenses, net (1,980) (4,051)
(Loss)/income before income tax expense 4,320 (5,244)
Income tax expense (943) (291)
Net (loss)/income 3,377 (5,535)
Less: Net income attributable to non-controlling interests 3,585 1,859
Net loss attributable to the Company’s ordinary shareholders $ (208) $ (7,394)
Net loss attributable to the Company’s ordinary shareholders per ordinary share    
Basic (in Dollars per share) $ (0.07)
Diluted (in Dollars per share) $ (0.07)
Weighted average shares outstanding used in calculating basic and diluted loss per share    
Basic (in Shares) 102,009,359 102,155,588
Diluted (in Shares) 102,009,359 102,155,588
Other comprehensive income    
Foreign currency translation difference $ 2,180 $ 1,048
Total other comprehensive income 2,180 1,048
Total comprehensive (loss)/income 5,557 (4,487)
Less: total comprehensive income attributable to non-controlling interest 5,695 3,004
Total comprehensive loss attributable to the SUNCAR TECHNOLOGY GROUP INC’s shareholders (138) (7,491)
Auto eInsurance service    
Revenues 126,159 97,833
Technology service    
Revenues 28,007 24,345
Auto service    
Revenues $ 122,344 $ 100,131